Reason for the sharp drop 3 hours ago:
1. Global political tensions
– Escalation between Iran and Israel has caused panic in the markets.
2. Massive liquidation of derivatives
– Over one billion dollars were liquidated, with the greatest pressure on Bitcoin and Ethereum.
3. Pressure from the U.S. Federal Reserve
– There is still no clarity regarding interest rate cuts, which led the market to decline.
4. Decrease in mining power (Hashrate)
– A drop of more than 20% in the network, negatively impacting trust.
✅ Positive side (that makes you happy):
The decline was expected after strong increases.
Prices are currently at strong support areas.
Many analysts see it as an excellent opportunity to enter or strengthen positions.
The overall trend is still upward if prices stabilize close to their current levels.
📌 Advice now: 🚨🚨🚨🚨
🚫 Do not enter with all liquidity
$BTC $XRP $ETH #MarketPullback #om #TrendingTopic #MarketPullback #Dubai_Crypto_Group